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8/14/18
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Mechanix Wear Inc, a manufacturer of protective gloves, recently leased 93.7k sf of space at IAC Commerce Center in northern L.A. County. IAC Commerce Center is a master-planned, 116-acre business park located adjacent to the Valencia Commerce Center in Valencia, approximately one mile northwest of the I-5/Hwy 126 interchange.
Mechanix Wear’s strong reputation among its customers has allowed the company to expand its operations into this substantial space, which it will use as a distribution center for its comprehensive range of performance work gloves. All Mechanix Wear products reflect the company’s commitment to anatomical design, industry leading material technology, and rigorous testing standards. It is these cornerstones that have made the company a segment leader.
“The functionality and high-tech image of the chosen building works perfectly for our growing business,” said Michael Hale, Chief Executive Officer of Mechanix Wear. “It will allow us to expand our distribution network without any disruption to our existing operations. We are also particularly pleased with the building architecture, which perfectly matches our forward-thinking and progressive approach to business solutions.
The project is surrounded by an established commercial market with more than 25 msf of industrial and office properties. The population within a 30-minute commute of IAC Commerce Center is nearly 5 million, including residents in the Santa Clarita Valley, San Fernando Valley and Antelope Valley.
CBRE’s Craig Peters and Doug Sonderegger represented the tenant and the landlord, IAC Properties, in the transaction. Terms of the deal were not disclosed.
IAC Commerce Center is located adjacent to the planned community of Newhall Ranch, which will encompass more than 20,000 homes and 60,000 residents. It is surrounded by scores of restaurants and shops. Phases 2 and 3 of the project will add an additional six buildings totaling over 900k sf. The project can provide units ranging from 50k sf up to 500k sf.
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